Common cycles in sectoral output in the UK¤
نویسندگان
چکیده
This paper compares the cycles in UK sectoral output generated from both univariate and multivariate unobserved components models. Common trends and cycles are found among the sectors and it is found that these help to identify the cycles in the multivariate model. JEL Classi...cation: C32, E32.
منابع مشابه
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